UK economy at risk from high property prices, EU referendum: IMF
Lender says Chancellor Osborne should use flexibility in fiscal framework in extended period of sluggish demand
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London
BRITAIN'S "strong economic performance" is at risk from high property prices and the looming referendum on whether to leave the European Union, the International Monetary Fund has warned.
In its annual health check published on Wednesday, the IMF said a "relatively positive outlook" is subject to "risks and uncertainties". They include the global outlook, sluggish productivity growth, high levels of household debt and the June 23 vote on EU membership, the debate over which could undermine business investment.
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